Overview
What is Woods Hole Public Library?
The Woods Hole Public Library is a community-focused organization situated in Woods Hole, Massachusetts. Its primary purpose is to operate and preserve a free library and museum, serving as a valuable resource for the local community. This institution is dedicated to providing access to a wide range of literary materials and historical artifacts, thereby fostering a love for knowledge and learning among its patrons.
Official website here: www.woodsholepubliclibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Woods Hole Public Library has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the library maintains a solid financial standing and adheres to best practices in governance, with 100% of its board members being independent and a robust set of policies in place, including conflict of interest and whistleblower policies.
The library's financial metrics are particularly noteworthy, with a low liabilities to assets ratio of 0.54% and a program expense ratio of 79.43%. This means that a significant portion of its funding is directed toward its programming, ensuring that resources are effectively utilized to benefit the community. The organization not only complies with regulatory requirements but also demonstrates transparency by listing essential documents on its website.
While the data highlights the library's strengths in governance and financial management, there are no notable limitations mentioned. Overall, Woods Hole Public Library stands out as a well-managed nonprofit dedicated to serving its community with integrity and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Woods Hole Public Library legitimate?
Woods Hole Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woods Hole Public Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $189,098
For more financial information, click here
Official website here: www.woodsholepubliclibrary.org
What is the mission statement of Woods Hole Public Library?
The Woods Hole Public Library is dedicated to operating and preserving a free library and museum, serving its community. This establishment aims to provide a hub for knowledge and cultural exploration, ensuring that its resources are readily available to everyone. The library's mission is to foster a love for learning and encourage intellectual growth within its community. By maintaining a vast collection of books, periodicals, and other educational materials, as well as hosting exhibits in its museum, the library strives to promote lifelong learning and community engagement.
Official website here: www.woodsholepubliclibrary.org
What is the revenue of Woods Hole Public Library?
Woods Hole Public Library's revenue in 2024 was $641,334.
Official website here: www.woodsholepubliclibrary.org
Who are the executives of Woods Hole Public Library and what are their salaries?
The average compensation at Woods Hole Public Library during 2024 was $10,505. There are 18 employees and 60 volunteers at Woods Hole Public Library.
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Official website here: www.woodsholepubliclibrary.org
Where can I find the form 990 for Woods Hole Public Library?
Woods Hole Public Library's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.woodsholepubliclibrary.org
Learn more at the official website: www.woodsholepubliclibrary.org
Mission Statement of Woods Hole Public Library
The Woods Hole Public Library, as a community-focused organization, is dedicated to operating and preserving a free library and museum. Its mission is to provide a valuable resource for the community, offering a vast array of books, resources, and educational materials at no cost to its patrons. By maintaining this library and museum, the Woods Hole Public Library serves as a hub for knowledge and cultural exploration, promoting lifelong learning and fostering a sense of community.
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Impact
July, 2024
The impact of Woods Hole Public Library is to provide free access to educational resources and cultural enrichment through its library and museum services for the community in Woods Hole, Massachusetts. By offering a platform for learning, research, and exploration, the library contributes to the intellectual growth and community development of its patrons. This institution plays a vital role in fostering a love for reading, expanding knowledge, and preserving local history and culture. Through its activities, the Woods Hole Public Library contributes to the educational development and enrichment of its community members.
This information is meant to be a general summary of Woods Hole Public Library. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $137,624
- Program Service Revenue: $47,293
- Gross Receipts: $646,034
Assets and Liabilities:
- Total Assets: $3,760,289
- Total Liabilities: $5,990
- Net Assets: $3,754,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$47,293
Organization Details
Founding Year
1910
Principal Officer
Vicky Cullen
NTEE Category
Code: B71Z - Education
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